Olin and Huntsman have announced a merger of equals to form OlinHuntsman Corporation. The new entity will generate combined annual revenues of approximately $12.5 billion.
The transaction combines Olin’s upstream assets with Huntsman’s downstream formulation expertise. Olin produces specialized chemicals and owns Winchester Ammunition. Huntsman manufactures a broad range of chemicals across multiple categories.
The merger aims to create a global leader through enhanced scale and an expanded portfolio. The deal responds to increasing pressure from regulations and energy costs. Peter Huntsman will serve as Chairman, President, and CEO of the combined company.
Olin’s Winchester ammunition division will continue to operate as a business within the new entity. Huntsman currently operates more than 55 manufacturing and R&D facilities in 25 countries. Stock prices have not yet reacted because the announcement occurred on a Saturday.